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News aus der Elektroindustrie

The 3M Group from St. Paul/ Minnesota managed a turnover amounting to USD 22,976 m (EUR 20,238 m) in the period Jan. to Sept. 2015, 4.9%........

The 3M Group from St. Paul/ Minnesota managed a turnover amounting to USD 22,976 m (EUR 20,238 m) in the period Jan. to Sept. 2015, 4.9%........

less than in the same period last year (USD 24,102 m = EUR 21,230 m). Inge G. Thulin, 3M’s president and CEO, appeared satisfied with the course of business.

In order to further strengthen competitiveness 3M has announced a restructuring plan which will lead to 1,500 job cuts all over the world in 2016, mainly affecting the USA and the slower growing markets such as the European economic region, the Middle East and Africa (EMEA) as well as Latin America. These measures are to lead to pre-tax earnings of USD 130 m (EUR 115 m).

Operating income amounted to USD 5,446 m (EUR 4,797 m), a slight drop of just under one per cent compared to last year (last year: USD 5,473 m / EUR 4,821m).

Net income of USD 3,795 m (EUR 3,343 m) was practically the same as last year.

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Turnover and earnings before interest, tax and amortizations (EBITA) developed better than expected in the 2nd quarter 2015, prompting the management to raise its targets for the full year 2015.

Turnover and earnings before interest, tax and amortizations (EBITA) developed better than expected in the 2nd quarter 2015, prompting the management to raise its targets for the full year 2015.

Now a turnover of EUR 1.4 to 1.45 bn is being targeted instead of EUR 1.3 to EUR 1.38 bn. Organic growth is to amount to between 4% and 7%. In all markets in which Solar has been active it has managed to record growth.

The figures in detail (in m,EUR):

                           Q 2 2015      Q 2 2014     H 1 2015      H 1 2014
Turnover:               358.4             331.8         712.8   678.3
EBITA:                      6.4                  0             14.5              5.1
Profit/loss:        3.1               - 4.7          11.4   - 6.2
Organic growth:   9.4%   -3.4%          7.0%          0.1%

 


 

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Legrand achieved a turnover of EUR 2,411.7 m in the 1st half-year 2015, which represents an increase of 8.4% compared with the figure for the same period last year of EUR 2,224.6 m.

Legrand achieved a turnover of EUR 2,411.7 m in the 1st half-year 2015, which represents an increase of 8.4% compared with the figure for the same period last year of EUR 2,224.6 m.

The operating result rose from EUR 431.9 m (1st half-year 2014) to a current figure of EUR 456.6 m, while net income grew by 5.5% to EUR 283.4 m. At the same time it was possible to reduce net liabilities from EUR 1,263 m to EUR 1,001.

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Rexel made a turnover of EUR 3,423.5 m in the 2nd quarter 2015, 1.6% less than in the same quarter of last year.

Rexel made a turnover of EUR 3,423.5 m in the 2nd quarter 2015, 1.6% less than in the same quarter of last year.

In Europe (EUR 1,819.2 m) a plus of 1.8% was achieved, mainly due to positive currency effects; in Germany the turnover amounted to EUR 194.7, which represents a plus of as much as 3.4%.

In North America – USA and Canada – (EUR 1,250.9 m) Rexel suffered a drop of 6.0%, mainly due to a decline in its oil and gas business, which make up approx. 10% of its turnover in North America.

The Asia/Pacific region (EUR 353.4 m) was also slightly down at 0.6%, although a slight rise was achieved in China (+0.4%), while  Australia (-2.7%) and New Zealand (-4.0%) lost ground.

Below the line gross profits of EUR 815.7 were made, 3.5% less than in the same quarter of last year.

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The 3M Group from St. Paul/ Minnesota attained a turnover of USD 7.7 bn (EUR 7.0 bn) in the 2nd quarter, 5.5% down on last year.

The 3M Group from St. Paul/ Minnesota attained a turnover of USD 7.7 bn (EUR 7.0 bn) in the 2nd quarter, 5.5% down on last year.

Unfortunately the exchange rate trends have been unfavourable for 3M and therefore sales have fallen by 7.3%. Earnings amounted to USD 1.8 bn (EUR 1.6 bn).

Inge G. Thulin, the president of  3M, was satisfied with the result, because organic growth had been made in all the geographical regions in which the group operates despite the sometimes adverse circumstances. 

Overall USD 646 m (EUR 591 m) was paid out in dividends to shareholders and the group’s own shares to a value of USD 1.7 bn (EUR 1.6 bn) were bought back.

The individual divisions had the following turnover figures:
Industrial: USD 2.6 bn (EUR 2.4 bn)
Safety and graphics: USD 1.4 bn (EUR 1.3 bn)
Health Care: USD 1.4 bn (EUR 1.3 bn)
Electronics and Energy: USD 1.3 bn (EUR (1,2 Mrd. EUR)
Consumer: USD 1.0 bn (EUR 0.9 bn)

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The Würth Group was able to raise its turnover in the first half-year 2015 by 8.7% compared to last year to EUR 5,459 m.

The Würth Group was able to raise its turnover in the first half-year 2015 by 8.7% compared to last year to EUR 5,459 m.

Earnings after 6 months stand at the same level as last year. Apart from exchange rate losses in connection with the revaluation of the Swiss franc the reason for this stagnating result is the investments in the field service. In comparison with last year the Würth Group’s payroll of 30,686 represents about 1,000 salespersons more.

In the second half of the year 2015 the Würth Group anticipates turnover growth in middle single figures and a reasonable development in the operating result.

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Ahlsell generated a turnover of SEK 5,383 m (EUR 584 m), in the 1st quarter 2015, 3.8% more than in the same quarter of last year (SEK 5,188 m/EUR 563 m). The EBITA of SEK 386 m (EUR 42 m) amounted to 7.2% of the turnover.

Ahlsell generated a turnover of SEK 5,383 m (EUR 584 m), in the 1st quarter 2015, 3.8% more than in the same quarter of last year (SEK 5,188 m/EUR 563 m). The EBITA of SEK 386 m (EUR 42 m) amounted to 7.2% of the turnover.

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Wesco International Inc. (Pittsburgh/USA), one of the five largest electrical wholesalers in North America, could only manage to increase............

Wesco International Inc. (Pittsburgh/USA), one of the five largest electrical wholesalers in North America, could only manage to increase............

its turnover by 0.3% in the 1st quarter 2015 to USD 1,816.3 m (EUR 1,629.3 m), while net profits fell by 9.4% against the comparable period of last year to USD 47 m (EUR 42.2 m).

Already at the beginning of the year the annual turnover target had been slightly reduced to minus 3% to plus 3% due to bad weather conditions and currency fluctuations, since a drop in demand on the industrial end markets was expected for the year as a whole.

The company now plans to take countermeasures by means of additional actions to accelerate their One WESCO sales initiatives, reduction of structural costs, consolidation of branches with personnel increases and better treatment of areas badly served until now and neglected customers.

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Legrand generated a turnover of EUR 1,164.7 m in the 1st quarter 2015, which is 7.4% more than last year (EUR 1,084.3 m),….......

Legrand generated a turnover of EUR 1,164.7 m in the 1st quarter 2015, which is 7.4% more than last year (EUR 1,084.3 m),….......

mostly thanks to favourable exchange rate effects (+6.5%) and very good turnover figures in North America, which have risen by very nearly 41%.

This means that the United States have developed into Legrand’s strongest market in terms of revenues. But it was not just in the USA that growth was possible, with Spain, Greece and Portugal as well as Eastern Europe making substantial gains, compensating for drops in other mature European countries, as well as in Russia and China.

Net profits rose by 1.9% from EUR 125 m to EUR 127.4 m. Net liabilities could be reduced from EUR 1,083 m last year to a current figure of EUR 867 m.

The end-of-year targets issued for 2015 (organic growth in sales of between -3% and +2% along with an adjusted operating margin before takeovers between 18.8% and 20.1% of sales) have been confirmed.

In addition to this, Legrand plans to continue its strategy of value-creating takeovers. Against this background the measuring instrument manufacturer IME in Italy and the switch board manufacturer Valrack in India were taken over at the beginning of May. Together these two companies, which employ over 400 people, will contribute a turnover of more than EUR 30 m.

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AD (Affiliated Distributors), the largest purchasing/ marketing association in the United States was able to increase its turnover by 7%..........

AD (Affiliated Distributors), the largest purchasing/ marketing association in the United States was able to increase its turnover by 7%..........

against the comparable period of last year in the 1st quarter 2015 to USD 7.9 bn (EUR 7.1 bn).

This means that the growth was above general market expectations. All divisions managed to grow, the electrical division in the USA by 7%, in Canada by as much as 12%. The industrial products division rose by 5%, sanitation by 8%, HVAC by 7% and building materials by 12%.

The number of members was also further enlarged in the 1st quarter 2015, with 12 new partners with a total of 51 branches newly joining AD.

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